Building Details:

7 Houses is aspecial purpose property for lease in Lakeland, FL.

RESIDENTIAL INVESTMENT
Fully leased. Seven houses in Lakeland, Florida. Lakeland is an established city half way between Disney World and the Tampa Metro Area. These houses are rented at prices that are favorable to both renters that commute to these destinations and those who are local renters. The houses are all owned by one seller.
Based on the net operating income proforma for 2015 and the asking price they have a 7% cap rate. The houses are in good rental condition. They are located reasonably near the interstate (I-4). All or part of these houses can be sold to one or more investors depending on the sales division. A non disclosure statement is required for financial data. The address of the seven investment properties can be obtained by contacting the listing agent. Please do not disturb or contact the tenants.

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